Alibaba Group Holding (BABA) Return on Invested Capital [ROIC] (2014 - 2026)
Alibaba Group Holding (BABA) recorded Return on Invested Capital [ROIC] of 2.33% in the quarter ended Jun 30, 2026, down 8.96 percentage points from 11.30% a year earlier and down 1.49 percentage points from the prior quarter.
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Analysis
Alibaba Group Holding (BABA) Return on Invested Capital [ROIC] (2014 - 2026) Analysis & Trends
For the year ended Mar 31, 2026, Alibaba Group Holding reported Return on Invested Capital [ROIC] of 4.00%, down 7.27 percentage points from the prior year.
- Annual Return on Invested Capital [ROIC] has a five-year change of -4.43 percentage points (years ended Mar 2021 to Mar 2026).
- Across earlier years, Return on Invested Capital [ROIC] came in at 11.27% in the year ended Mar 31, 2025 (+2.45 pp), 8.82% in the year ended Mar 31, 2024 (+0.97 pp), 7.85% in the year ended Mar 31, 2023 (+1.98 pp) and 5.86% in the year ended Mar 31, 2022 (-2.57 pp).
- The figure for the quarter ended Jun 30, 2026 is the lowest quarterly Return on Invested Capital [ROIC] in data going back to the quarter ended Dec 31, 2014.
- On a year-over-year basis, Return on Invested Capital [ROIC] has declined for four consecutive quarters, with an average year-over-year change of -2.03 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 4.82 percentage points in the quarter ended Dec 31, 2022, against a drop of 8.96 percentage points in the quarter ended Jun 30, 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 3.83% (quarter ended Mar 31, 2026), 6.14% (quarter ended Dec 31, 2025) and 8.63% (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,248.48 Bn | 4,006.00 Bn | 73.85 Bn | 18.61% |
| 2 | Meta Platforms | 1,873.50 Bn | 1,576.02 Bn | 49.47 Bn | 20.90% |
| 3 | Netflix | 304.25 Bn | 264.45 Bn | 6.52 Bn | 26.42% |
| 4 | Alibaba Group Holding | 257.83 Bn | 71.60 Bn | 15.11 Bn | 2.37% |
| 5 | Shopify | 230.63 Bn | 207.82 Bn | 1.71 Bn | - |
| 6 | Uber Technologies | 145.10 Bn | 116.90 Bn | 6.38 Bn | 17.38% |
| 7 | Booking Holdings | 127.39 Bn | 60.44 Bn | - | 75.49% |
| 8 | PDD Holdings | 115.26 Bn | -128.52 Bn | 9.45 Bn | - |
| 9 | Spotify Technology | 109.42 Bn | 66.92 Bn | 1.86 Bn | - |
| 10 | Airbnb | 103.26 Bn | 56.49 Bn | 2.98 Bn | 21.49% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.37% |
| Mar 31, 2026 | 3.87% |
| Dec 31, 2025 | 6.24% |
| Sep 30, 2025 | 8.79% |
| Jun 30, 2025 | 11.59% |
| Mar 31, 2025 | 11.78% |
| Dec 31, 2024 | 10.72% |
| Sep 30, 2024 | 9.48% |
| Jun 30, 2024 | 9.12% |
| Mar 31, 2024 | 9.22% |
| Dec 31, 2023 | 9.12% |
| Sep 30, 2023 | 10.17% |
| Jun 30, 2023 | 9.48% |
| Mar 31, 2023 | 8.27% |
| Dec 31, 2022 | 8.79% |
| Sep 30, 2022 | 6.45% |
| Jun 30, 2022 | 5.46% |
| Mar 31, 2022 | 5.80% |
| Dec 31, 2021 | 3.74% |
| Sep 30, 2021 | 7.11% |
API Access
Alibaba Group Holding Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=BABA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "BABA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=BABA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();